4505 Spanish Oak RD, Temple TX 76502

The market data from 4 similar recent sales in 76502 points to a value of approximately $280,122. To sell within a reasonable timeframe at fair market value, the $275,000 to $286,000 range is where I'd position this. Among the similar homes currently available in 76502, this price point stands out as competitive. The 209 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.65 acres, the lot is larger than the 0.48 acre comp average, which factors into pricing. With 7 similar homes currently listed in 76502 (a buyer's market), competition is a factor to consider. In 76502, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 2642 Marlandwood CIR, Temple TX 76502, adjusting to $309,022; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group